NYC Residential Rental Market Report: November 2024 | Inhabit

Jan 8, 2025 · The median rent in Brooklyn was $3,855 in November 2024 – down 2.4% vs. the $3,950 per month in October and a 1% decline year-over-year. This is the first time the figure …

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NYC Residential Rental Market Report: November 2024 | Inhabit

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Jan 8, 2025 · The median rent in Brooklyn was $3,855 in November 2024 – down 2.4% vs. the $3,950 per month in October and a 1% decline year-over-year. This is the first time the figure …

corcoran.com

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NYC Residential Rental Market Report: December 2024 | Inhabit

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Jan 8, 2025 · The median Manhattan rent was $4,500 per month in December 2024 – unchanged from November. While median rent was flat month-over-month, it was up 1.6% year-over-year. …

corcoran.com

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NYC Residential Rental Market Report: October 2024 | Inhabit

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Dec 11, 2024 · There were 4,387 active listings available in Brooklyn during October 2024, 4% fewer when compared to September but up 9% year-over-year. Slower leasing activity has led …

corcoran.com

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New York City Rental Report November 2024: Minimum-Wage …

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Dec 16, 2024 · In November 2024, the median asking rent in New York City registered at $3,362, an increase of $85, or 2.6%, compared with a year ago.

realtor.com

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November 2024 Rental Report: Minimum-Wage Earners Need To …

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November 2024 marks the 16th month of year-over-year rent decline in a row for 0-2 bedroom properties. Asking rents dipped by $19, or -1.1%, year over year.

realtor.com

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Rent Report November 2024 | Apartments.com

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Dec 16, 2024 · November 2024 brought a slight bump in rents, with the national average rent price reaching $1,559 per month for a one-bedroom apartment and $1,813 for a two-bedroom, …

apartments.com

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NYC Residential Rental Market Report: August 2024 | Inhabit

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Nov 15, 2024 · The median Manhattan rent was $4,400 per month in August 2024 vs. $4,670 per month in July. Median rent fell 6% from July and 2% year-over-year. This marks the largest …

corcoran.com

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Spotlight: New York City’s Rental Housing Market - Office Of The …

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This is likely a function of the relative income distributions rather than of rental costs: median household income (in 2022) was $137K in San Francisco, versus $75K In New York City. A …

nyc.gov

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2024 NYC Housing Market Predictions - StreetEasy

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Nov 30, 2023 · In 2024, Manhattan will be back on renters’ radars as asking rents decline. The median asking rent in Manhattan peaked at $4,395 in April 2023: the highest on StreetEasy® …

streeteasy.com

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New York City Rental Report: Rents Continue To Increase In …

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Oct 16, 2024 · Highlights. In September 2024, the median asking rent in New York City registered at $3,419, increased by $90 or 2.7% compared to a year ago. The median asking rent for 0-2 …

realtor.com

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NYC Residential Rental Market Report: Nov. 2023 | Inhabit

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Dec 15, 2023 · Listings. There were 3,882 active listings available in Brooklyn during November 2023, 4% fewer when compared to October. However, the number of available listings rose …

corcoran.com

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NYC Residential Rental Market Report: July 2024 | Inhabit

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Jan 8, 2025 · Listings. There were 5,078 active listings available in Brooklyn during July 2024, 8% more when compared to June and 24% year-over-year. In July, the number of available …

corcoran.com

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Manhattan Office Figures Q4 2024 - CBRE

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Jan 8, 2025 · Leasing activity totaled 6.97 million sq. ft. in Q4, 41% ahead of the five-year quarterly average of 4.93 million sq. ft. · Full-year leasing activity amounted to 23.54 million sq. …

cbre.com

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NYC Residential Rental Market Report: November 2022 | Inhabit

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Jun 13, 2024 · In November 2022, Brooklyn’s median rent fell to $3,500 — down 3% from October but up 21% year-over-year. Since peaking in August, the borough’s rents have decreased for …

corcoran.com

FAQs about NYC Residential Rental Market Report: November 2024 | Inhabit Coupon?

What happened to rent in Manhattan in September 2024?

In September 2024, the median asking rent for all rental units in Manhattan was $4,471, down $58 or 1.3% from a year ago. It marked the fifteenth consecutive month of annual declines, with rent dropping by $380 (-7.8%) compared to its pre-pandemic peak, which remains the highest point in our data history. ...

Will New York's rental market grow in 2024?

New Yorkers will see a calmer rental market in 2024, after inventory shortages led to strong competition for rentals this year. As inventory rises further next year, citywide rent growth will slow, although a sharp drop is unlikely due to still-limited inventory compared to pre-pandemic levels. ...

How did soaring rents affect Manhattan's housing market in 2023?

Soaring rents drew more rentals onto the market and resulted in a 15.9% year-over-year increase in the borough’s inventory in 2023. As landlords in Manhattan compete to fill up vacant units in 2024, more listings will offer concessions and asking rents will dip from their elevated levels in 2023. ...

Will Manhattan be back on renters' radar in 2024?

In 2024, Manhattan will be back on renters’ radars as asking rents decline. The median asking rent in Manhattan peaked at $4,395 in April 2023: the highest on StreetEasy® record stretching back to 2010. Soaring rents drew more rentals onto the market and resulted in a 15.9% year-over-year increase in the borough’s inventory in 2023. ...

Where can I find rental data in New York City?

New York City rental data as of September 2024 for all units advertised as for rent on Realtor.com®. Rental units include apartments as well as private rentals (condos, townhomes, single-family homes). We use rental sources that reliably report data each month within New York City and each of its boroughs. ...

When did realtor com start publishing rental trends reports for New York City?

Realtor.com began publishing regular monthly rental trends reports for New York City in August 2024 with data history stretching back to March 2019. This cross market rental data to New York City analyzes views of for-rent listings on the Realtor.com marketplace in the U.S. 50 States and District of Columbia. ...